ING Wholesale Banking announces changes to executive team

The FINANCIAL -- ING Wholesale Banking (WB) is making changes to the organisational structure to support the revised strategic direction announced last month.

The aim is to move to an even more client-centric organisation with a focus on sectors, regions and innovation. Isabel Fernandez, ING’s head of WB announced who will take on the newly created roles in the WB executive team as of 8 January 2018 (unless otherwise indicated).

“I’m thrilled to have such an experienced team to support our growth strategy and become more agile and flexible. The new organisational structure is an important enabler of our client focused strategy and reflects our strengthened emphasis on the regions and sectors,” said Isabel.

The full Wholesale Banking executive team consists of:

Head of Europe, Middle East & Africa: Malcolm Brown, currently head of Strategy and Innovation in WBHead of Sectors: Jan Schuit, currently global head of Specialised Financing Group in WBChief commercial officer: Mark Pieter de Boer, currently global head of Financial Markets SalesHead of Lending: Vincent Maagdenberg, currently chief risk officer at ING in the Netherlands (effective 1 April 2018 or earlier, subject to availability and handover from his previous role)Head of Strategic Products: Amin Mansour, currently co-head of Corporate Clients and Products in the NetherlandsHead of WB Innovation: Annerie Vreugdenhil, currently global head of Real Estate FinanceHead of WB in Asia Pacific: Gerrit StoelingaHead of WB in the Americas: Gerald WalkerHead of Transaction Services: Mark BuitenhekHead of Financial Markets: Percy RueberChief operations officer WB: Marnix van StiphoutChief financial officer WB: Ann DeclerckChief risk officer WB: Karst Jan WoltersHead of Human Resources WB: Jagoran MukherjeeChief information officer WB: Michael ClijdesdaleHead of Research: Mark Cliffe

In addition, Cristopher Steane currently head of Lending Services in WB will take on the role of deputy head of WB until 1 September 2018, when he will retire, according to ING.

Successors for the vacancies resulting from these appointments will be announced in due course.